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Average Monthly Occupied Units
Shows the average number of units rented out each month, indicating demand levels and operational success.Average monthly occupied units rose steadily through 2024 into mid‑2025 as U‑Haul expanded storage and U‑Box capacity, but have flattened and modestly retreated since the mid‑2025 peak. Management flagged a deliberate delinquency cleanup and slower rent‑ups that reduced same‑store occupancy, so recent softness reflects quality over quantity. With a pause on truck‑fleet growth and planned lower net equipment spend, expect occupied units to stabilize (not accelerate) while the company reallocates capital to buybacks and margin recovery rather than chase unit growth.
Date | Average Monthly Occupied Units |
|---|---|
Jun 30, 2026 | $628.00K |
Mar 31, 2026 | $607.00K |
Dec 31, 2025 | $610.00K |
Sep 30, 2025 | $631.00K |
Jun 30, 2025 | $632.00K |
Mar 31, 2025 | $613.00K |
Dec 31, 2024 | $610.00K |
Sep 30, 2024 | $610.00K |
Jun 30, 2024 | $594.00K |
Mar 31, 2024 | $573.00K |